Saturday, August 22, 2015

Technical Analysis Aug 2015: DSONIC (5216)

DATASONIC GROUP BERHAD 

Observation from Chart:-

DSONIC (5216) forming descending triangle pattern?

Will it retrace down retest RM1.01 level ?

Other indicator:-
MACD trade @ positive region, uptrend sign.
Stochastic %K on BUY call itinerary.

Immediate support @ RM1.12 level.
Subsequent support @ RM1.01 level. (Base line of descending triangle)

Immediate resistance @ descending triangle line.
If able breakout, subsequent resistance @ RM1.40 level.

Let's watch closely.

Technical Analysis Aug 2015: DIGI (6947)

DIGI.COM BHD 

Observation from Chart:-

DIGI forming lower high & lower low.

How low will it go?

Other indicator:-
MACD trade negative region, downtrend sign.
Stochastic %K on BUY call itinerary.

Immediate support @ RM5.00 level.
Subsequent support @ RM4.85 level.

Immediate resistance @ RM5.10
Subsequent resistance @ RM5.18,  which is around MA20 level.

Due to no clear base been formed, potential formed another lower low record.
It's opportunity if able formed double bottom & breakout MA20 resistance level.

Let's watch closely.

Saturday, August 15, 2015

Technical Analysis Aug 2015: KULIM (2003)

KULIM (MALAYSIA) BERHAD 

Observation From Chart:

KULIM rebound from RM2.45 support level.

Will it retrace down retest support before 2nd wave?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K @ overbought stage.

Immediate resistance @ RM2.70  level.
Subsequent resistance @ RM2.77 level.

Immediate support MA100 level, which is around RM3.59
Subsequent support MA50 / MA20 level which is around RM3.54

Let's watch closely.

Monday, August 10, 2015

Technical Analysis Aug 2015: INARI (0166)

INARI AMERTRON BERHAD 

Observation from chart:-

INARI break strong support level, RM3.13.

How low will it go?

Other indicator:-
MACD trade at negative region, downtrend sign.
Stochastic %K on SELL call itinerary.

Immediate support @ RM3.00 level.
Subsequent support @ RM2.90 level.

Due to oversold, most likely will technical rebound soon.

Immediate resistance @ RM3.13 level.
Subsequent resistance @ RM3.26 level.

Let's watch closely.

Saturday, August 8, 2015

Technical Analysis Aug 2015: KSL (5038)

KSL HOLDINGS BERHAD 

Observation from chart:-

KSL forming lower high & lower low.

How low will it go?

Other indicator:-
MACD trade @ negative region, downtrend sign.
Stochastic %K @ oversold stage, pending trigger BUY call.

Immediate support @ RM1.50 level.
Subsequent support @ RM1.41 level.

Immediate resistance @ RM1.58 level.
Subsequent resistance @ RM1.69 level.

Let watch closely for technical rebound.

Friday, August 7, 2015

Technical Analysis Aug 2015: SUNWAY (5211)

SUNWAY HOLDING BERHAD 

Observation from chart:-

SUNWAY forming bolinger band squeeze between RM3.36 & RM3.63 level.

When will it breakout?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K on BUY call itinerary.

If able breakout RM3.63 immediate resistance level, next resistance @ RM3.73 level.
If retrace down, strong support @ RM3.36 level, subsequent support @ RM3.25 level.

Let's watch closely for opportunity.

Wednesday, August 5, 2015

Technical Analysis Aug 2015: GPACKET (0082)

GREEN PACKET BERHAD

Observation from Chart:-

GPACKET (0082) start reversal from downtrend itinerary.

How high will it go?

Other indicator:-
MACD trade @ positive region, uptrend sign.
Stochastic %K on SELL call itinerary.

Immediate support @ MA100 level, which is around RM0.26 level.
Subsequent support @ RM0.24 level.

Immediate resistance @ RM0.29 level.
Subsequent resistance @ RM0.305 level.

Let's watch closely.

Sunday, August 2, 2015

Technical Analysis Aug 2015: BJTOTO (1562)


BERJAYA SPORTS TOTO BERHAD 

Observation from Chart:-

BJTOTO is forming symmetrical triangle pattern.

Will it breakout the resistance?

Other indicator:-
MACD trade @ positive region, uptrend sign.
Stochastic %K trigger BUY call, pending confirmation.

Immediate support @ RM3.27 level.
Strong support @ RM3.20 level.

Immediate resistance @ RM3.35 level.
Subsequent resistance @ RM3.40 level.

Let's watch closely for the breakout.